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Thread: Park Infinia (D11, Freehold, Keppel Homes)

  1. #181
    What?
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    Quote Originally Posted by Question
    So these are preliminary figures based on data from July and August. When can we get the final GDP figure?

    So if Q4 growth is higher than Q3, then we need another 2 more Qs to get another technical recession?
    you mean need 2 slowing quarters after Q4 ah ??

  2. #182
    orange tee
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    All property agents stop your nonsense postings please.

  3. #183
    Seng
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    Quote Originally Posted by orange tee
    All property agents stop your nonsense postings please.
    What do you wants us to do?

  4. #184
    APR
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    Quote Originally Posted by Seng
    What do you wants us to do?
    Join J-Dog and the rest to talk cock.

  5. #185
    Newbie

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    Default New Caveats lodged upto 03 Oct 2008, #28 @ $1325

    Below are the latest caveats lodged, if some psf$ do not make sense it is because the caveats for the original purchases were lodged again by the buyers' lawyers. If the prices are too good to be true, there usually are...too good to be true!

    I don't think any sellers are giving their units away.....yet.

    Unit, #___SQFT___PSF,$___Total,$____Contract date

    28-1X____1335___1325___1,768,875___29 Sep 08 --- NEW
    28-0X____1421___1200___1,705,000___26/09/08
    28-0X____1421___1339___1,902,267___25/06/07 --- This owner would lose at least $200K!!!
    15-08____1464___1061___1,553,940___17/09/08
    15-08____1464___1550___2,269,200__01/09/08
    15-08____1464___1061___1,553,940__19/10/06
    22-10____1690___1380___2,332,200___17/09/08
    22-10____1690___1071___1,809,990__07/07/06

    22-17____560____1491___835,000____12/09/08
    26-17____560____1521___852,000____10/09/08
    25-17____560____1520___851,000____09/09/08
    11-08____1464___988____1,446,000___09/09/08
    11-08____1464___1633___2,390,000___16/06/08
    11-08____1464___988____1,446,000___05/07/07

    27-13____850____1484___1,261,485____08/09/08
    27-13____850____1420___1,207,000____19/06/08
    27-13____850____1484___1,261,485____03/07/07

    29-11____2002___968____1,938,530___08/09/08
    29-11____2002___1520___3,043,040___12/07/08
    29-11____2002___968____1,938,530___???

    10-03____1442___1280___1,845,760___05/09/08
    10-03____1442___819___1,181,644___27/07/06

    19-09____1001___1069___1,070,000____05/09/08
    19-09____1001___1499___1,500,000____27/06/08
    19-09____1001___1270___1,271,270____20/03/07

    23-17____560____1498___839,000____03/09/08
    15-17____560____1479___828,000____01/09/08
    18-17____560____1479___228,000____01/09/08
    13-17____560____1455___815,000____01/09/08
    16-07____1001___1300___1,301,300__30/08/08
    07-15____969____929____900,428___29/08/08
    28-16____893____1501___1,340,000___29/08/08
    28-16____893____893___1,047,888___05/01/06

    25-12____1582___911____1,441,530___29/08/08
    25-12____1582___911____1,441,530___29/08/08
    25-12____1582___1580___2,500,000___11/07/08
    25-12____1582___1315___2,080,000___10/04/07
    25-12____1582___1119____1,441,530___12/03/07

    07-14____1335___1146___1,530,000___25/08/08
    07-14____1335___785____1,047,888___18/11/05

    29-16____893____1684___1,504,000___22/08/08
    08-12____1582___1370___2,167,340___20/08/08
    08-12____1582___857___1,356,160___26/08/05

  6. #186
    Newbie

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    Thanks for the effort, REP..

  7. #187
    UnregĄstered
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    Quote Originally Posted by Registered
    $1,06x psf for D11 PI? What for?
    Don't buy D11 PI lah.
    People are now busy buying D14 Dakota Residences at $1,06x psf lah.
    Is there anything wrong with you, friend?
    D11 selling at D14 price?
    People in D7 are laughing at you with their $1,871psf.
    Quote Originally Posted by URA
    Private Residential Units Sold in the Month of September 2008

    Project Name ...... Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Concourse Skyline . RCR ........ 68 ............................. 1,871 ............ 1,592 ............ 1,272
    Quote Originally Posted by Happy Feet
    Wah lau erh!
    Seow liao ah!
    $1,871psf.

  8. #188
    Unregistered222
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    Just don't look ONLY at the district number and nothing else. There're some districts that have very attributes - D11 in Novena area near hospital zone. The integrated hospital hub in Novena well connected and leading to the funeral hub in Thomson area is a no go for many.

  9. #189
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    Quote Originally Posted by Unregistered222
    Just don't look ONLY at the district number and nothing else. There're some districts that have very attributes - D11 in Novena area near hospital zone. The integrated hospital hub in Novena well connected and leading to the funeral hub in Thomson area is a no go for many.
    Are you sure or you are just making wild assumption? Many are very keen in the area and buying.

  10. #190
    RegĄstered
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    Quote Originally Posted by UnregĄstered
    Is there anything wrong with you, friend?
    D11 selling at D14 price?
    People in D7 are laughing at you with their $1,871psf.
    Can't compare to D4 lah.
    $2,367psf!!
    Quote Originally Posted by URA
    Private Residential Units Sold in the Month of September 2008

    Project Name ................ Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Reflections @ Keppel Bay . RCR ........ 8 ............................... 2,367 ............. 2,086 ........... 1,695
    Quote Originally Posted by Supporter
    Wow! $2,367psf!

  11. #191
    Unregggg
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    http://www.tnp.sg/news/story/0,4136,180640,00.html?


    FIRE SALE: OWNERS DUMP CONDOS
    Agents: Some clients give as much as 20 per cent discount
    By Elysa Chen

    October 20, 2008

    FOR sale: Luxurious multi-million-dollar apartments, not quite for a steal, but with a hefty discount.

    Stock market losses have forced some property owners to resort to 'fire sales' for a quick return to liquidity.

    And because the property market is almost flat, they have had to let go of their property at huge discounts.

    Property agent Henry Neo receives one SMS a day from different clients asking him to sell their homes.

    Mr Neo, who has been a property agent for close to 20 years, said: 'The Asian financial crisis of 1997 and this crisis are real challenges.

    'It's a tsunami of the stock market.'

    Two or three of the 50 clients he is servicing now are what he calls 'desperados' - people who had their fingers burnt so badly in the stock market they need to sell their houses.

    The situation is worse for those who opted for deferred payment schemes, said Mr Neo, because some are no longer eligible for loans, and cannot meet payments once the developers issue the Temporary Occupation Permit (TOP).

    'They have to get rid of their properties before TOP, so they would be giving even more discounts.'

    Noting that the high-end property market seems to be hit the hardest, Mr Neo said: 'My colleagues who specialise in high-end properties are not doing well. They do not have any transactions at all.'

    Mr David Cheang, senior vice-president of the Resale Division at HSR Property Group, noted that two out of every 10 clients are affected by the stock market crash, and are selling their property investments to 'get more liquidity'.

    A property agent who declined to give his full name said one of his clients had made such losses on the stock market that he was selling his 27th floor freehold apartment at the Twin Regency for a mere $1.05 million, though its market price is $1.3 million.

    Last year, he had sold another unit, on the 29th floor of the same condominium, for $1.4 million.

    It is the same story for Mr Felix Young, 35, a property agent specialising in high-end condominiums. Some of his clients are prepared to go as low as 20 per cent below their offer price.

    He had taken out an advertisement for five properties, all high-end condominium units in the city.

    Apartments at The Sail at Marina Bay, which were going for $2,000 psf are now being offered for sale at $1,450 psf, said Mr Young.

    But even such a huge discount is failing to entice buyers, who are asking for $1,100 psf. That is because even with such discounts, the two-room apartment costs about $1.3 million.

    In the current climate, not many people would be able to shell out that kind of money because they could be sitting on huge paper losses in the stock market.


    Mr Young said: 'Buyers have the sentiment that the property market will cool even more, and prices will drop further.'

    And because of this, said Mr Young, there has been a significant drop in transactions - up to 70 per cent for high-end properties that people buy for investments.


    Most buyers also know developers' launch price for the condominiums and are holding out until they can get a unit at that price.

    He said: 'These days, when buyers call me, they ask me if I have any owners who are 'bleeding'.'

    Bleeding is a term that is used to describe owners who over-committed themselves financially and need to sell their properties in a hurry.

    Mr Young said: 'Many of my clients' bank loans are kicking in soon, so they need to release the properties quickly, before TOP.

    'They are stuck because they can neither sell their property, nor rent it out to cover their mortgages, as the rental market has slowed down a lot.'

  12. #192
    Condo hunter
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    Wow the dumping has begun!!!

  13. #193
    Curious
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    Quote Originally Posted by RegĄstered
    Can't compare to D4 lah.
    $2,367psf!!
    Wah! $2,367psf?
    What kind of unit is this?

  14. #194
    Happy Feet
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    Quote Originally Posted by Unregggg
    http://www.tnp.sg/news/story/0,4136,180640,00.html?

    ....................

    'They are stuck because they can neither sell their property, nor rent it out to cover their mortgages, as the rental market has slowed down a lot.'[/b]
    Don't read TNP anymore lah.
    Why not go for a holiday and enjoy yourself?

    Quote Originally Posted by TNP

    Recession? What recession?
    The New Paper
    Jazmin Kelly Six
    Friday, 17 October 2008



    It may be turbulent times for the economy, but Singaporeans are still taking to the skies.

    The travel industry has registered an increase of 15 to 30 per cent annual growth.

    For many Singaporeans, overseas holidays are no longer a luxury but have become a lifestyle habit.

    Senior vice-president marketing and PR of CTC Holidays, Ms Alicia Seah, said: 'Travel is already part of our lifestyle, it is the fundamental fabric to freedom.'

    In response to a successful National Association of Travel Agents Singapore (Natas) fair in August, Mr Robert Khoo, CEO of Natas, said: 'Despite Singapore's rising costs in food and transportation, Singaporeans are saving to travel.'

    Record visitors

    This enthusiasm was evident at the three-day fair where a record 65,583 visitors snapped up about $60million worth of travel packages, Natas said.

    Regional business development manager Erik Hon, 29, has not let his wings be clipped by the financial meltdown.

    He has already visited Hong Kong, Bangkok, Paris, Poland, Czech Republic and Slovakia this year alone. Come next January, he will be heading to Thailand for a short holiday and then to London, Amsterdam and eastern Europe next May.

    Mr Hon said: 'I want to pamper myself every quarter... and feel the vibe of another city.'

    As long as his bills are paid and has monthly savings set aside, travelling will be an essential he won't give up, he said.

    On top of being avid travellers, Singaporeans like Mr Hon are also becoming more discerning. They do not mind paying a little more for comfort and a good time.

    Miss Eileen Oh, vice-president leisure of UOB Travel Planners, said: 'We see more value-conscious consumers today than cost-conscious ones.'

    As opposed to settling for a bare-bones of a holiday package, more consumers would gladly top up amounts ranging from '$50 to $500' to savour an enhanced holiday experience, Miss Oh added.

    She also noted that Singaporeans are always on the lookout for good deals and 'tend to go where the currency favours'. This explains the spike in demand this year for destinations such as the US and, most recently, Australia.

    Travel agencies we spoke to said they have been getting bookings for year-end travel from July.

    Some tour operators even reported a sellout of over 70 per cent of their packages. Even after the stock markets started seeing red two weeks ago, most tour operators said they have not received cancellations.

    Popular destinations

    Taiwan, alongside popular winter destinations such as Japan and Korea, saw such great demand that airlines had to put in extra flights or switch to bigger carriers to accommodate travellers, Miss Seah said.

    But, if you want to stretch your holiday dollar further, the best way would still be 'book your holidays early', suggested Hong Thai Travel's advertising and marketing manager, Miss Stella Chow.

    She also advised the budget-conscious to take short-haul, holidays and opt for tourist-class hotels to save more.

    When asked if he would be willing to put up at low-cost accommodations like hostels or budget hotels just so he could make that extra holiday trip, Mr Hon said he would definitely be raring to go 'as long as the room, location and amenities are decent'.

  15. #195
    Curious
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    Quote Originally Posted by Happy Feet
    Don't read TNP anymore lah.
    Why not go for a holiday and enjoy yourself?
    What has holiday got to do with condo?

  16. #196
    Screwed
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    Nothing..he's trying to deflect away negative sentiments...haha...

    truth is, hard times are here, no hiding the truth...

    Quote Originally Posted by Curious
    What has holiday got to do with condo?

  17. #197
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    Quote Originally Posted by Screwed
    Nothing..he's trying to deflect away negative sentiments...haha...

    truth is, hard times are here, no hiding the truth...
    You sure there is hard time at all?
    From your expression, the good time is here.

  18. #198
    Anonymous
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    Quote Originally Posted by Curious
    Wah! $2,367psf?
    What kind of unit is this?
    You're interested?

  19. #199
    Prof Lilian Ng (NBS, NTU)
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    Quote Originally Posted by UnregĄstered
    You sure there is hard time at all?
    From your expression, the good time is here.
    Are we near the kind of economic difficulty faced during the Great Depression? The US economy today is much stronger than it was in 1929 and the fundamentals are still pretty strong regardless of the crisis we're in.

    If you look at the numbers, they are so dramatically different. GDP growth in the US is about 1% and I'm sure it will fall but it is nothing like the -27% during the Great Depression. Unemployment is about 6.1%, but during the Great Depression it was 25%.

    Today's world is very different from the Great Depression period - there is greater linkage between fiscal policies and the economy than before and all policymakers are working together. So we are not even close to the level of difficulties faced then.

  20. #200
    RegĄstered
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    Quote Originally Posted by Unregistered
    You sure there is hard time at all?
    From your expression, the good time is here.
    He is trying to con you lah!

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